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Chinese Cuisine - Under Semi-Management - Well known

Business for Sale
Chinese Cuisine - Under Semi-Management - Well known
NSW

Chinese Cuisine - Under Semi-Management - South Sydney - Agent SBX Code Number: SM1446 Restaurant - cafe serving Hong Kong style Chinese cuisine including noodles, rice, coffee, milk tea,...

Price $628,000.00

Chinese Cuisine - Under Semi-Management - Well known

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Chinese Cuisine - Under Semi-Management - South Sydney - Agent SBX Code Number: SM1446

Restaurant - cafe serving Hong Kong style Chinese cuisine including noodles, rice, coffee, milk tea, drinks etc. - Full kitchen with cool room. - 130 seats.

Potential

Suit experienced operators or investors. -Improve social media presence. - Growth area.

Features

Great location. - Well known by locals. - Under semi -- management. - Low rent. - No competition. - Solid income. - First time on the market.

Premises

Well presented with an area of approx. 350m2 over two levels plus 40 sq.mt. store area and office.

Location

Situated in very busy foot traffic shopping street of suburb in South Sydney area.

Trading Hours

7 days - Mon. - Fri. - 10 a.m.- 10 p.m. - Sat. - Sun. - 9 a.m.- 10 p.m.

Lease

3 + 3 year lease commenced June,2015. - 4% annual increases - . 3 month bond. - New 3 + 3 or 5 + 5 year lease lease should be offered.

Employees

Owner (works 5 days) + 17 - 20 staff.

Comments

Misc.- 1. - Water rates. - Managers wage of $1500 p.w. added back to nett profit as for two working owners.. - Please do not approach or speak to shop staff. - Inspection by appointment only.

Agent SBX Code Number: SM1446 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 195367
SBX ID: SM1446




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